____________________________________________________________________________________________________________________________________________
Hello My Traders, this is a real-life example on a classical ascending broadening wedge in the BTCUSD.
I highly recommend to you my educational information I uploaded about broadening wedges to have a good conclusion about this one:
There I gave an insight into how to trade broadening wedges properly, this one is a good type of those I explained.
Now we can see that it is still consolidating but I expect a break-out in the next time.
This formation can be traded aggressively with immediate entry and moderate with entry after confirmation.
Both cases are in this condition good to trade for a profit with proper risk management!
Although the aggressive approach is possible here because risk is low.
____________________________________________________________________________________________________________________________________________
In this manner: “Everything must be made as simple as possible. But not simpler.”
Thanks, For Watching! Check Also My Long-Term-View On BTCUSD And Other Significant Pairs!
Information provided is only educational and should not used to be for market purposes.
____________________________________________________________________________________________________________________________________________
Hello My Traders, this is a real-life example on a classical ascending broadening wedge in the BTCUSD.
I highly recommend to you my educational information I uploaded about broadening wedges to have a good conclusion about this one:
There I gave an insight into how to trade broadening wedges properly, this one is a good type of those I explained.
Now we can see that it is still consolidating but I expect a break-out in the next time.
This formation can be traded aggressively with immediate entry and moderate with entry after confirmation.
Both cases are in this condition good to trade for a profit with proper risk management!
Although the aggressive approach is possible here because risk is low.
____________________________________________________________________________________________________________________________________________
In this manner: “Everything must be made as simple as possible. But not simpler.”
Thanks, For Watching! Check Also My Long-Term-View On BTCUSD And Other Significant Pairs!
Information provided is only educational and should not used to be for market purposes.
____________________________________________________________________________________________________________________________________________
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
►✅JOIN THE BEST+ TOP TELEGRAM TRADING CHANNEL: t.me/VincePrinceForexGoldStocks
►🚀Join Premium Channels: bit.ly/4bUD8N8
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
►🚀Join Premium Channels: bit.ly/4bUD8N8
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.